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Market Hours

  • The overlaps carry the volume

    When London and New York are open together, the most money is changing hands. Spreads are tightest and moves are fullest in those hours.

  • Trade a pair in its own hours

    A currency is busiest while its home market is open — the yen in Tokyo, the pound in London, the Aussie and Kiwi in Sydney.

  • Mind the quiet gap

    After New York closes and before Tokyo gets going, few banks are dealing. Spreads widen and prices can jump on thin trade.

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